Cinedigm Signs Cooperation Agreements with Key Chinese Entertainment Partners
Cinedigm Chairman and CEO Chris McGurk and representatives from the participating companies gathered at a signing ceremony for business cooperation agreements between Cinedigm and the new Chinese partners, including:
1) China Intercontinental Communication Center
Based in Beijing, CICC (China Intercontinental Communication Center) is an international media company. Founded in 1994, it is the longest-established co-production documentary company in China. Since 2003, together with international broadcasters, it has co-produced and broadcast many factual programs, showcasing the many faces of China that are little-known outside the country, including its dynamic economic growth, its diverse cultures, its ancient history, its cutting-edge science and technology, and its natural beauty.
2) Youku Pictures Inc.
V1 Group was established in 2005, listed on the Main Board of
Ling He Culture Media is a Chinese film and TV company famous for its high-quality online series and its founder, Mr. Bai Yicong, who is a well-known Chinese producer, director and screenwriter.
6) Emei Studio Group Co. Ltd.
“We are thrilled to have signed these business cooperation agreements with such a strong and vibrant group of Chinese entertainment partners,” said Chris McGurk Cinedigm Chairman and CEO. “In addition to our already established relationships with
During the Festival, McGurk gave three addresses to Festival attendees and officials, and participated in a panel discussion about China-US film and TV co-production and co-distribution.
Following that announcement, Mr. McGurk signed Proposal for “Belt and Road Media” Cooperation Union with CICC whereby the companies agreed to work together to encourage film and television productions, to build a “belt and road” broadcasting network and to improve the quality and prosperity of the media industry in both our countries.
At the same Forum in the afternoon, Mr. McGurk gave a more detailed presentation regarding Cinedigm’s plans for Chinese OTT Channels in the US to industry professionals from China and all over the world. This presentation reviewed Cinedigm’s expertise in the OTT and content distribution areas, including research data on audience habits and preferences, and how Cinedigm will use this data to guide the content of the planned Chinese content-based OTT channel in the U.S., targeted at an English-speaking audience and expected to launch by the end of this year.
This highly involved participation at such a key Chinese entertainment industry event emphasizes Cinedigm’s rapid move to become an important player in the reciprocal distribution of independent entertainment content and Over-the-Top (OTT) channels between the U.S. and China.
All media with inquiries or interest in scheduling interviews can contact Chun Chen, who acts as Cinedigm’s China representative and is based in Beijing. (+86-13901248110, firstname.lastname@example.org).
Cinedigm powers custom content solutions to the world’s largest retail, media and technology companies. The company provides premium feature films and series to digital platforms including iTunes, Netflix, and Amazon, cable and satellite providers including Comcast, Dish Network and DirecTV, and major retailers including Walmart and Target. Leveraging Cinedigm’s unique capabilities, content and technology, the company has emerged as a leader in the fast-growing over-the-top (OTT) channel business, currently with four channels under management that reach hundreds of millions of devices, while also providing premium content and service expertise to the entire OTT ecosystem. Learn more about Cinedigm at www.cinedigm.com.
Cinedigm is now working closely with
Cinedigm™ and Cinedigm Digital Cinema Corp™ are trademarks of Cinedigm Corp. www.cinedigm.com. [CIDM-E]
Jill Newhouse Calcaterra
A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/7a6453fe-30a6-464c-840b-d832eb882bee
Source: Cinedigm Digital Cinema Corp.